Need help with hot condo buyer in LA

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Submitted by La Jolla Renter on September 12, 2008 - 11:32am

I have a friend that is hot to buy a 500kish 2BR condo in LA. I could use some help in getting them to see the light.

What is the best website with mls data?

What is the best LA site similar to piggington?

Is there a site that talks about specific condo complexes?

Thanks

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I've tried for years to help
Submitted by peterb on September 12, 2008 - 3:01pm.

I've tried for years to help people I knew from making stupid financial mistakes.
It's a waste of time.
Once someone makes up their mind, they cant be bothered with facts.

Last November a newlywed
Submitted by EconProf on September 12, 2008 - 3:32pm.

Last November a newlywed relative, renting in Westwood, with a baby on the way, decided to buy. With two PhDs and two great jobs between them, they could easily afford most anything...they even went house-hunting. I persuaded them to check out some gloomy bubble blog sites & wake up to reality.
They did, upgraded to a bigger rental, & now thank me (& others, who urged the same).
So while it is often, maybe usually, fruitless to keep their hands away from falling knives, it is not inevitable. You have a duty to at least try.

Show them
Submitted by BKinLA on September 13, 2008 - 12:59pm.

Show them this:

http://latimesblogs.latimes.com/laland/2...

The L.A. Times RE blog is quite good -- and quite a departure from the usual pro-CAR drivel in the print edition.

Now is certainly not the time to buy in L.A.